MITIE Group PLC (MTO.LN), the outsourcing and energy services company, said Tuesday that it has been appointed as the preferred bidder in an on-going tender process for the creation of a partnership to deliver integrated facilities and energy management for Lloyds Banking Group PLC (LLOY.LN).

MAIN FACTS:

-Under the tender, the chosen supplier will provide Lloyds Banking Group with a complete range of facilities management services across the bank's entire U.K. branch and office estate.

-Shares at 1247 GMT, up 7 pence, or 2.6%, at 275.4 pence valuing the company at GBP995.35 million.

-By Rory Gallivan, Dow Jones Newswires; 44-20-7842-9411; rory.gallivan@dowjones.com

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